Neighborhood · Lake Wales, Florida
Downtown Lake Wales
Historic Central Florida living with room to breathe
2
Homes for sale
$317,000
Median list price
$161
Avg price / sqft
136
Median days on market
Downtown Lake Wales sits in the heart of Polk County's ridge country, a walkable core surrounded by lakes and citrus land where you can settle into a real community without paying Orlando prices. Communities like Lake Ashton, Saddlebag Lake, and Country Club Village give the area a range of lifestyles, from lakefront retreats to established golf neighborhoods, and Walt Disney World is only about 49 minutes up the road.
For buyers, this is a small, tight market — just five active listings right now, with a median list price of $309,000 spanning $84,900 to $500,000. Homes are moving at a median of 20 days, and over the last year 11 sales closed at a median of $250,000. If you want to see everything in real time, browse Lake Wales homes for sale or scan the live map.
Downtown Lake Wales is a community in Lake Wales, Florida.
Quick facts
$275,000 – $359K price range
1,980 sqft median home
$1,800/mo median rent
15 sold in 12 months
Drive times
On the market now
Homes for sale in Downtown Lake Wales
$275,000$280,000
414 E BULLARD AVENUE, LAKE WALES
3 bd · 2 ba · 2,035 sqft
$359,000$379,000
116 S LAKESHORE BOULEVARD, LAKE WALES
3 bd · 1.5 ba · 1,924 sqft
Every active listing inside the Downtown Lake Wales boundary
Open full map search →Find your fit
Browse Downtown Lake Wales
Where the market lives
The numbers that matter
The Downtown Lake Wales market
15
Sold, last 12 months
$247,500
Median sold price
91%
Sale-to-list ratio
What sellers actually get vs asking
100 days
Median time to sell
Downtown Lake Wales vs Lake Wales
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 40.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Downtown Lake Wales boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Downtown Lake Wales is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Downtown Lake Wales home
≈ $2,143/mo
$317,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$1,800/mo
Median rent
Homes for rent inside the boundary
Population
604
Median age
33
Median income
$69,541
Median home value
$186,592
Beyond the listings
Living in Downtown Lake Wales
Entertainment
Top 11% in the U.S.Lighthearted Fun
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Entertainment
Top 12% in the U.S.Late-night Leisure
Ready to turn up when the sun goes down, this population is looking for nighttime entertainment at home or out on the town.
Beliefs
Top 18% in the U.S.Politically Engaged
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
Lifestyles
Top 20% in the U.S.Student Life
There's more to student life than academics. It's about the experience - from classes and homecoming, to making lifetime friends and alumni events. These are students at school, taking classes online, or finding other ways to be students in their daily lives.
Entertainment
Top 21% in the U.S.Film Lovers
Movie buffs and binge watchers expressing their love for movies, storytelling, and the film making process.
Hobbies & Interests
Top 22% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Straight answers
Downtown Lake Wales FAQs
Is Downtown Lake Wales a good place to live?+
It's a good fit if you want a small, community-feel base in central Florida with lakes and history close by. You're about 49 minutes from Walt Disney World and 65 from downtown Orlando, so you get quiet living without cutting yourself off from the metro. Families can look at options like Gibbons Street Elementary School among the assigned schools.
Is Downtown Lake Wales expensive?+
No — it's one of the more affordable central Florida options, with a median list price of $309,000 and closings over the past year at a median of $250,000. Prices run a wide range too, from $84,900 up to $500,000, so there's room for different budgets.
What do homes cost in Downtown Lake Wales?+
The median list price is $309,000, working out to about $156 per square foot on a median home size near 1,924 square feet. Recent sales closed at a median of $250,000, and sellers are getting about 93% of asking on average.
How is the Downtown Lake Wales market right now?+
It's a small, brisk market — five active listings today with a median of 20 days on market, and 11 homes sold over the last 12 months. That short timeline means realistic pricing tends to draw offers quickly, so serious buyers should be ready to move.
What about HOA fees and property taxes?+
Median property tax runs about $2,112 a year, which is modest for Florida. Where an HOA applies, the median is around $413 a month, though that varies a lot by community — a place like Country Club Village will differ from acreage properties with no association at all.
Keep exploring
More Lake Wales neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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